Answer: D. The spending and taxing policies used by the government to influence the economy
Explanation:
Fiscal policy is simply the application of government spending/expenditures and revenue/taxing policies to influence the economy of a nation.
Answer:
Money to be paid by each partner individually is $112,500
Explanation:
Let A and B are partners of a share amount Z
If A's amount is x and share of B's amount is y, then share of A is calculated as
x / (x + y) * z
Number of partners in Pizzarie is 6 with all having equal shares
Value of business is $675,000
Damage to be paid is $1.2 million
Hence, the money to be paid by each partners individually is:
= $675,000 / 6
= $112,500
Therefore, money to be paid by each partner individually is $112,500
Answer:
If you can prevent a nonpaying consumer from having access to a good or service, that good is excludable. For example, only clients that buy a ticket can enter a movie theater and watch the movie.
A good or service that can be consumed by only one consumer (or a specific number of consumers) is rival in consumption because other people cannot consume them simultaneously. For example, once the movie theater sold out, no more people can get inside and watch the movie.
Answer:
The customer should buy more of good X.
Explanation:
Marginal utility is the additional satisfaction derived from spending an additional unit of money on a commodity.
In the scenario above, since more additional satisfaction is derived from purchasing good X than it is derived from purchasing good Y, then more of good X should be purchased, because this is clearly the commodity that offers more satisfaction.
Therefore, in order for utility to be maximized, more money should be spent on more of good X.
Pharrell, Inc., has sales of $589,000, costs of $269,000, depreciation expense of $69,000, interest expense of $36,000, and a ta
NeX [460]
Answer:
$101,750
Explanation:
Pharell incorporation has a sales of $589,000
The cost is $269,000
The depreciation expense is $69,000
The interest expense is $36,000
The tax rate is 35 percent
The cash dividend paid out is $38,000
Therefore the additional retained earnings can be calculated as follows
= $589,000-$269,000-$69,000-$36,000
= $215,000
$215,000 × 35/100
$215,000 × 0.35
= $75,250
$215,000-$75,250-$38,000
= $101,750
Hence the additional retained earnings is $101,750
